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3 Stocks Pushing The Media Industry Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

One out of the three major indices are trading lower today with the
Dow Jones Industrial Average (
^DJI) trading up 22 points (0.1%) at 15,897 as of Wednesday, Dec. 18, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,497 issues advancing vs. 1,411 declining with 169 unchanged.

The Media industry currently sits up 0.4% versus the S&P 500, which is unchanged.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3.
Thomson Reuters Corporation (
TRI) is one of the companies pushing the Media industry lower today. As of noon trading, Thomson Reuters Corporation is down $0.23 (-0.6%) to $36.62 on light volume. Thus far, 125,699 shares of Thomson Reuters Corporation exchanged hands as compared to its average daily volume of 865,900 shares. The stock has ranged in price between $36.61-$36.96 after having opened the day at $36.84 as compared to the previous trading day's close of $36.85.

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. It sells electronic content and services to professionals, primarily on a subscription basis. Thomson Reuters Corporation has a market cap of $30.7 billion and is part of the services sector. The company has a P/E ratio of 33.7, above the S&P 500 P/E ratio of 17.7. Shares are up 26.8% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Thomson Reuters Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates
Thomson Reuters Corporation as a
hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. Get the full
Thomson Reuters Corporation Ratings Report now.